This area allows you to see a listing of all of your sales. You can search by Sales by Date, Sales by Item Summary, and Sales by Item Detail. You can also run reports based off of orders that used promo codes you may have setup as well as see the total amounts of totals from customers who have setup wishlists. When working with your reports you can click on the column headers to sort the list to easily find orders that you may be looking for.
You can also filter orders by specific date ranges, shipping and payment status, by tag, and by tax exempt orders.